Why was BP considering abandoning Macondo well just days before blowout?

BP Considered Abandoning Well Before Rig Blast That Caused Gulf Oil Spill, Bloomberg, October 7, 2010:

BP Plc considered quitting its Macondo well in the Gulf of Mexico days before the drilling-rig explosion that killed 11 workers and caused the biggest offshore oil spill in U.S. history.

A team of engineers and technicians based in BP’s Houston office discussed suspending drilling and abandoning the project during a conference call in mid-April, Greg Walz, an engineer for London-based BP, said in testimony today to a federal panel investigating the blast.

3 comments to Why was BP considering abandoning Macondo well just days before blowout?

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